RALEIGH - The Mann+Hummel Group has announced its strategic investment in Pamlico Air, a US manufacturer and provider of high-quality air filter products, mainly for retail and wholesale applications.
Pamlico Air will be part of the Mann+Hummel Group and complement the existing air filtration portfolio of its subsidiary Tri-Dim, which focuses primarily on the commercial and industrial air filtration aftermarket.
Kurk Wilks, President & CEO of the Mann+Hummel Group, said he believed Pamlico Air will be an ideal partner to propel the North American air filtration business. “By investing in Pamlico Air, we see a tremendous opportunity to accelerate the growth of our Life Sciences & Environment business unit.
“We highly value Pamlico Air’s expertise and leadership in the area of retail and wholesale air filtration. As part of the Mann+Hummel Group, Pamlico Air will strengthen our filtration offering in the Aftermarket business as well as open up opportunities in the planning and specification phase of new installments.”
Pamlico Air will continue to be led by Harry Smith and his management team. Mark King remains President of the Mann+Hummel subsidiary Tri-Dim Filter Corporation and will work closely with the Pamlico Air leadership team as one organisation.
“This strategic partnership with Mann+Hummel enhances Pamlico Air’s operational capabilities and gives us a significant stake in one of the most exciting segments of filtration,” said Smith. “We see significant opportunities to drive value for Mann+Hummel’s air filtration business in the region.”
“We look forward to joining forces with the Pamlico Air team to expand our existing product portfolio in North America, and accelerate efforts in strategic business areas," King added. “Both companies share the same market understanding and value for our customers, which is why we see great growth opportunities ahead.”